Jim Signor - Florida Keys Real Estate

08/18/2026

Florida Keys home sales picked up speed in July 2026.

Closed sales rose 14% year-over-year to 169, even as active inventory fell 11% from a year ago. Buyers are moving through a smaller pool of listings, and they're moving quickly.

New listings dropped nearly 10% compared to last July, while pending inventory climbed 8.9% and new pending sales rose 6.8%.

Median sale price reached $970,000 in July, up 7.2% year-over-year.

07/23/2026

Florida Keys home prices just hit their biggest year-over-year jump of 2026. 📊

The June 2026 median sale price came in at $1,100,000, up 30% from June 2025, while the number of homes for sale kept shrinking.

If you've been waiting for the market to cool off before buying or selling, this month's numbers are worth a look.

Link to full report in comments.

06/18/2026

The Florida Keys residential market posted one of its strongest price gains of 2026 in May.

Median sale price climbed 12% year over year to $965,000, matching the gain we saw back in January. Active inventory stayed nearly flat at 1,626 homes, down just 0.8% from a year ago.

Closed sales were up 15% and new pending sales rose 9.1% year over year. Pending inventory climbed 22%, which suggests this momentum has room to continue through the summer.

It's a notable shift. Earlier this year, demand was running well ahead of price. May is the month price caught up.

06/16/2026

Interesting data from the Monroe County Property Appraiser. Only 36.91% of eligible properties in the Keys carry a homestead exemption, which tells you a lot about how many owners here are investors, second-home buyers, or seasonal residents rather than full-time locals.

Questions about buying or owning in the Florida Keys? I'm happy to help. 🌴
305-394-4449 | keyslistings.com

Monroe County Homestead Data (as of June 1, 2026)

Recent figures for Monroe County show that out of 44,049 properties eligible for a homestead exemption, 16,259 currently have one, representing 36.91% overall.

Monroe County contains approximately 89,581 parcels, but only 44,049 properties are currently eligible for a homestead exemption, highlighting that many parcels are vacant land, commercial properties, government-owned properties, or otherwise ineligible for homestead status.

Breakdown by jurisdiction:

🐚Key West: 8,800 eligible | 3,517 with exemption (39.97%)
⚓Marathon: 5,023 eligible | 1,610 with exemption (32.05%)
🌴Key Colony Beach: 1,429 eligible | 261 with exemption (18.26%)
🦈Layton: 146 eligible | 51 with exemption (34.93%)
🎣Village of Islamorada: 5,259 eligible | 1,840 with exemption (34.99%)
🏝 Unincorporated Monroe: 23,392 eligible | 8,980 with exemption (38.39%)

These figures reflect differences in homestead exemption participation across the county’s municipalities and unincorporated areas.

06/10/2026

Getting a listing on Zillow is easy - every agent does that. Getting featured on KeysListings.com is different. Serious Florida Keys buyers have searched there since 2003, and only one agent guarantees your listing a featured spot on the site.

The link below explains what a featured spot on KeysListings.com means for your sale and how to track your neighborhood market before you list.

05/25/2026

05/19/2026

The Florida Keys residential market stayed active in April. Closed sales are up 22% from a year ago, new pending sales climbed 21%, and active inventory is at its lowest point of 2026.
Fewer homes are coming to market while buyer demand holds strong. Full market report with all six metrics is linked below.

05/02/2026

Part of Port Largo has a history most people don't know about.
Ocean Cay Drive, one of the neighborhood's prime oceanfront streets, was once a runway. Port Largo Airport operated from the late 1960s until 1985, a dredged-from-the-ocean-floor airstrip with commercial commuter service to Miami. When it closed, that land became some of the most valuable oceanfront real estate in Key Largo.

Today the neighborhood sits on the oceanside near Mile Marker 100. Most homes have canal access straight to the Atlantic. The African Queen is docked minutes away. John Pennekamp is in your backyard.

Full neighborhood guide in the comments.

05/02/2026

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04/20/2026

The Florida Keys residential market had a strong March. Closed sales jumped 31% year-over-year, pending inventory is up 18%, and new pending sales rose 19% - all while active inventory keeps contracting.

The median sale price reached $965,000, up 0.8% from a year ago. Buyers who are ready to move are working with more selection today than they may have by midsummer.

Full breakdown in the March 2026 market report - link in the first comment.